International cash management systems are more complex than domestic cash management systems because

Question

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International cash management systems involve additional complexity due to the need for managing short-term cash balances and deficits across international borders and time zones, as well as the added risk of currency fluctuations. This makes it more challenging than domestic cash management systems, where these risks are often more predictable and manageable. While some developing countries may still rely on cash payments, and some countries may use electronic funds transfer more than the US, these factors do not necessarily contribute to the overall complexity of international cash management systems.

International Cash Management Systems Are More Complex Than Domestic Cash